Insight Report 2 minutes PremiumOcado (LON: OCDO) 1H16 Results: Morrisons Agreement Boosts Scale for Ocado Coresight Research June 29, 2016 Executive Summary Ocado Group posted 15.1% revenue growth in 1H16, with revenues fractionally missing the consensus estimate. SG&A increased by 17.1% due to Ocado’s agreement to fulfill online orders for Morrisons, but the agreement also boosted gross margins. Diluted EPS climbed by 19.7%, to 1.40 pence, beating consensus. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Retail Around the World: Singles’ Day 2023—Coresight Research ObservationsThree Things You Need To Know: Shein in Fast FashionUS Store Tracker Extra, September 2023: Retailers To Close 73 Million Square Feet of Retail Space in 2023Weekly US and UK Store Openings and Closures Tracker 2024, Week 8: Close to Half of Body Shop UK Stores To Close
